By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
Microsoft Corp. (Nasdaq: MSFT) stock has climbed 42% in the last year and has reached its highest value in more than 14 years.
So how should investors play MSFT stock now that it's trading at such high levels?
Money Morning's Defense and Tech Specialist Michael Robinson appeared on FOX Business' "Varney & Co." yesterday (Tuesday) and told investors why he's bullish on MSFT stock, and how they should play the stock now…
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
After the markets got slammed yesterday (Thursday), falling 161 points on a number of fear-triggering global economic events, there are a handful of stocks to watch today in what could be another volatile performance.
While summertime Fridays are typically quiet for equities, today's schedule of market moving events is jam-packed. It's also coming off a day that included a plane crash, the announcement of ground military offensive from Israel, and a 40% move in the Volatility Index (VIX).
With earnings in focus, here are seven stocks to watch today, including GE, GOOG, MSFT, and more...
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
Microsoft Corp. (Nasdaq: MSFT) Chief Executive Officer Satya Nadella announced today that the company will be cutting 18,000 jobs, a move that will eliminate 14% of the company's workforce. Following the news, Microsoft stock was up 3% in morning trading.
It's clear that the layoffs are meant to streamline Microsoft's business. Nadella also contends that the job cuts will help Microsoft modernize its engineering processes.
